E.—6.

GISBORNE HIGH SCHOOL BOARD, General Statement of Accounts for the Year ended 31st December, 1920. Receipts. Payments. Endowments Income Account :— £ s. d. Endowments Income Account :— £ s. d. Balance, 31st December, 1919 .. 599 12 11 Proportion of office expenses . . . . 60 12 9 Current income from reserves vested in Legal expenses .. .. .. 617 3 Board .. .. .. .. 3,801 3 9 Transfers to other accounts — Revenue from secondary-education re- New Buildings Account .. .. 1,106 4 0 serves .. .. .. .. 390 15 7 General Account .. .. .. 2,877 210 Rent .. .. .. .. 16 18 6 Hostels Account .. . . .. 139 7 11 Exchange collected .. .. .. 0 12 9 Balance, 31st December, 1920 .. 618 18 9 £4,809 3 6 £4,809 3 6 New Buildings and Sites Account :— New Buildings and Sites Account :— Loans raised for buildings (balance of Purchase of sites .. .. .. 95 0 0 Burke loan) .. .. 1,449 6 0 Additions (part-payment) .. .. 885 0 0 Transfer from Endowments Income Ac- Architect's fees .. .. .. 100 0 0 count .. .. .. 1,106 4 0 Principal of loans repaid .. .. 502 0 0 Interest on loans for buildings .. 269 10 0 Interest on mortgage .. .. 72 0 0 Balance, 31st December, 1920 .. 632 0 0 £2,555 10 0 £2,555 10 0 Lower Department Account :— Lower DEPARTMENT Account :— Balance, 31st December, 1919 .. 206 10 4 Teachers' salaries and allowances .. 405 010 School fees .. .. .. 871 0 0 Incidental expenses .. .. .. 167 13 5 Maintenance of buildings .. .. 26 510 Rates, insurance, &c. .. .. 26 13 9 Refund of school fees .. .. 1 10 0 Balance, 31st December, 1920 .. 450 6 6 £1,077 10 4 £1,077 10 4 Hostels Account :— Boarding-fees .. .. .. 5,213 7 2 Hostels Account : — Refunds of advances to boarders .. 1,038 6 0 Balance, 31st December, 1919 .. 721 7 9 Sale of sideboard .. .. .. 10 0 0 Proportion of office expenses .. .. 60 12 9 Exchanges collected .. .. 0 4 6 House Account .. .. .. 2,417 2 10 Refund .. . . . . .. 0 16 3 Fuel, light, &o. .. . . .. 395 3 9 Transfer from Endowments Income Ac- Salaries and wages .. .. .. 1,537 1 I count .. .. .. .. 139 711 Furniture, utensils, &o. •.. .. 470 14 7 Balance, 31st December, 1920 .. 1,425 17 3 Repairs to buildings.. .. .. 181 810 Insurance, rates, &e. .. .. 97 7 0 Miscellaneous .. . . .. 798 7 1 Advances to boarders .. 1,141 3 5 Boarding-fees refunded .. .. 710 0 £7,827 19 1 £7,827 19 1 Secondary Department General Ac- Secondary Department General Account :— count: — Government payments for salaries of Teachers'salaries and allowances .. 4,041 8 10 teachers .. . . .. .. 510 0 0 Incidental expenses .. .. .. 503 0 5 Government capitation for free places .. 740 15 8 Maintenance of classes for manual inGovernment capitation for classes for struction.. .. .. .. 75 16 10 manual instruction .. .. 135 4 3 Maintenance of buildings . . . . 78 17 7 School fees .. .. .. 303 13 0 Rates and taxes . . . . .. 80 1 4 Voluntary contributions for general pur- Interest on overdraft .. .. 10 5 6 poses .. .. .. .. 222 14 9 War bursary .. .. .. 210 0 War bursary .. .. . . 210 0 Transfer from Endowments Income Account .: .. .. .. 2,877 210 £4,792 0 6 £4,792 0 6 Statement of Amounts due to Board and of Liabilities as at 31st December, 1920. Liabilities. £ s. d. A mounts due to Board. £ s. d. Salaries .. .. .. .. 117 15 0 Government capitation due .. .. 44 13 11 Government Life Insurance Department— Secondary-school fees .. .. .. 4 17 0 First loan .. .. .. .. 1,143 5 0 Refunds from pupils due .. .. 373 0 2 Second loan .. .. .. 1,848 10 0 Boarding-fees due .. .. .. 29 15 (i Private loan .. .. .. .. 3,750 0 0 Lower-department fees due .. .. 6 0 0 Unpaid purchase-money for sites, &o. .. 1,200 0 0 Outstanding rents (endowments) .. 860 10 6 Owing on contracts for buildings .. 4,682 0 0 Outstanding rent (Section 170) .. .. 8 5 0 Sundry creditors—Outstanding accounts 288 311 Government grant .. .. .. 4,000 0 0 Unpresented cheques .. .. .. 164 2 0 Balance, current account .. . . 439 10 0 £13,193 15 11 £5,766 12 1 J. H. Bull, Secretary.

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